Pennar Industries bags orders worth INR 511 Crores

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Hyderabad, Sept 8th 2022: Pennar Group, a leading value-added engineering products and solutions company, has bagged orders worth INR 511 crores across its various business verticals.

The PEB vertical has received orders from Reliance, MSN Laboratories, TVS ILP, Sri Raghava Construction, Nongwoo Seeds, Banil Castings and Sanatanaya Warehousing. The Ascent Buildings, USA vertical has received orders from Dunn, Penland Custom Home Builder, Sons Constructions, ACH Constructors Inc, S&S Contractors LLC, Chattahoochee Group Inc.

The ICD vertical has received orders from Yamaha, Emerson, Endurance, Haldex, Wabco, Tecumseh, SI Airspring, Kone, Fujitech, Schwing Stetter, INEL, Hydraulics, Elkhart, Kone, Sicor, Venus, Fleetguard and IFB.   The Railways vertical has received orders from Integral Coach Factory, Wabtec, ECR and Metlord.

The Tubes vertical has received orders from ALF Engineering, Thermax, IFB Automotive, Hindalco, Kirloskar Toyota, Patton International, Interoll India, RSB Transmissions, Forbes Vyncke Pvt Ltd, GI Auto, Mahindra Defence Systems, Scott Industries and COETZ Technologies, RSB Transmissions and Toyota Boshoku Automotive. 

The Steel vertical has received orders from Saint Gobain, L&T, Prasad Seeds, Sitson, Zetwork, Thermax, VECV, IFB Industries, L G Balakrishnan, Bimetal Bearings, Johnson Lifts, Schaeffler India Limited, Mudra Fineblanc, Chromewell Engineering, VRL, Clair, Primex and SAL Automotive. The above orders have been received during the months of July and August 2022 and are expected to be executed within the next two quarters.